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Home»Legal and Regulatory»Donald Trump Jr. Says Family Got Into Crypto After Being Debanked, Realizing Financial System Was ‘Pyramid Scheme’
Legal and Regulatory

Donald Trump Jr. Says Family Got Into Crypto After Being Debanked, Realizing Financial System Was ‘Pyramid Scheme’

3 June 2025No Comments2 Mins Read
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Donald Trump Jr. Says Family Got Into Crypto After Being Debanked, Realizing Financial System Was ‘Pyramid Scheme’
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The president’s son says that the Trump family went completely out of necessity of Crypto, not because it is an emerging trend.

In a new interview with CNBC, Donald J. Trump Jr., son of American President Donald J. Trump, says to be in Crypto for political reasons in New York City after he was “debit” in New York City.

“The reason we have come in crypto and we are all busy with crypto and we do the American Bitcoin and we have World Liberty Finance and USD1 because there was a time … Where I could call a single banker in New York City, they would pick up the phone [and] I could get a loan for the real estate project that I did across the street.

Then we came to politics, and suddenly they would not accept your call. You could not get financing. We were debit. And what I realized, and my brother realized because we were the recipients of every conceivable summons, was that, do you know what? We were just the top of this kind of pyramid schedule that we did not know we were part of, that the financial system was completely inevitable because we had a certain balance … “

After experiencing what the family believes that a political persecution was, he says that the Trumps decided to turn to crypto as a way to prevent them from being “eliminated” in the future.

“The regular man was confused, now we were suddenly in the shoes of the common man who would be unable to take advantage of the markets. And we said, what is the solution for that? The answer is crypto. These decentralized platforms that you are not at this, where you make this, make efficiency. [I asked] Why do I pay for and out of points for title insurance? That can be done on the blockchain. So we came in Crypto, not because it was like: “Hey, this is the next cool thing.”

We came up with it out of necessity. We came in because we understood how quickly we could be eliminated. “

https://www.youtube.com/watch?v=u2TVX_Z-B5Y

See also  US Recovers $2.5M in Crypto From Schemes Preying on Market FOMO

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